Manus a warm welcome to daybreak europe live from dubai and london. The question is who will plug the gap of the saudi aramco outage . A couple oft million back online in the next couple of days. Come is the extra going to from and how quickly will it hit the market . Nejra from the saudi reserves . Will the spr be enough . We dont have an update. The key question is still out there. Looking ahead to the fed, how might it take this . How will it fit into the Risk Management . Manus markets looking for another 50 basis points. Spike risk of an oil going to counteract the strengths of the consumer . E a quick sweep to the through the market. Have brent over two days what you are seeing this morning is more relevant, the drop of a 1 . The market is hoping the special reserves will be released. And the Oil Producers will come together online and plug the gap. Of is concerned. The policies the aussies are keeping the dream alive. The rba keeping the door open to lower rates. In termsbout sh
President trump talks down a military response. Ab inbev is said to be looking for a valuation half what it originally sought rate asian unit as we worked delays its ipo until at least october. The case against Boris Johnsons brexit plan. The u. K. Prime ministers suspension of Parliament Comes under scrutiny in the Supreme Court starting today. Good morning, everybody. Less than a halfhour until the start of the European Equity trading day. This is the picture on european futures. We just came down a little bit in the expectations for the start of the trading day as far as the london and the german markets are concerned. The French Market looking more resilient. Weakness coming through in the Asian Session. Geopolitical tension, of course, in the aftermath of the weekend. Lets have a look at the gmm and show you where we are. Down 1. 7 on chinese markets. Hong kong markets also leading the fall. This is where the weaknesses is coming through. Some numbers be expectations from singapor
One official calling it the fight of a lifetime. Corporate ventures Data Analytics Company Enters the vc world. We will get the details with their ceo. First, our top story. Facebook has confirmed it will resume collecting and transcribing some user audio clips from its inhome video device portal. I spoke to facebooks Vice President for virtual and augmented reality at the launch of the new generation of portable devices. He oversees hardware and devices and facebook. Take a listen. We are so excited about our new products. We have a 10 inch and eight inch hd screen and they are for most, who love them the and they are designed to look like picture frames. They can fit into anyones home as easily and naturally as if it was a picture frame. It will even show pictures when it is not in use. Taylor and another really cool thing you guys are launching is the tv portal as well. Tell me about that. Portal tv takes advantage of what is already the biggest screen and peoples homes, the tv, and
And rapid climate adaptation. Billionaire bill gates wants to help invest nearly 2 trillion over the next decade to help the world become more resilient. His thoughts on and potential solutions for Climate Change. For wework, it was the roadshow that was not this week. One of the most anticipated debuts of the year is now postponed until october. The shared Office Space Provider is looking for time to calm investor doubts about its dropping valuation, governance problems, and financials. Remember that, at one point, this was supposed to be a 47 billion company. That number is now 15 billion and could be perhaps even smaller. Joining me to discuss this all was phil haslett, cofounder and chief revenue officer at equityzen, a secondary marketplace for preipo shares and bloombergs crystal tse. Crystal they have a lot to address before they can go out to the investors and ask them for their money. Like you said, they were looking for a 47 billion valuation, and now we are hearing it could
Road cbs and viacom finally inked a merger deal. We speak to buy comes a ceo about synergies and the road ahead. And chinese Online Retailer alibaba defies the slowdown of missed a trade war with sales surpassing expectations. First to our top story, it was a big week for tech ideas with fleet work and cloudflare filing to go public. The Web Security Company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. Three alleged gunman posted manifestoes on 8chan before three Mass Shootings in the united states. Cloudflare stop providing services after el paso, texas, less than two dozen dead, largely taking the platform offline. So, is now the time to go public for cloudflare . Like many other tech ideas, especially in software, it is not profitable. It has a pretty good growth rate, though. Its really trying to look at its competitor, fastly. Fastly went public earlier this year and is doing ok. There have been some sources who were askin